Pico Rivera, CA – Lee & Associates, one of the largest national commercial real estate firms, has completed the $3M sale of a 2,423 SF Popeye’s investment property located at 9211 Telegraph Rd in Pico Rivera, CA. This Popeye’s is a brand new location with a drive-thru that sits on an approximately 0.33 acre parcel which is situated on a hard corner signalized intersection along Telegraph Rd. This is a major retail/commuter corridor in the…
Lee & Associates – North San Diego County Completes the Sale of Office Building in Escondido, CA
Escondido, CA – Lee & Associates, one of the largest national commercial real estate firms, has completed the $900,000.00 sale of a 5,786 square foot office building located at 320 E 2nd Ave in Escondido, CA. The building is located just one block from Downtown Escondido with easy access to Highway 78 and Interstate 15. The building was recently renovated with a new roof, tile floor and kitchen. Michael Golden of Lee & Associates -…
Lee & Associates – North San Diego County Completes the Sale of a 7-Eleven in Salinas, CA
Salinas, CA – February 15, 2019 – Lee & Associates, one of the largest national commercial real estate firms, has completed the $2.16M sale of a 7-Eleven in Salinas, CA. This investment property consists of a 2,251-square-foot retail building that sits on an approximately 0.28 acre parcel. Built in 1987, the building is leased to 7-Eleven Inc. (corporate) who holds an AA- investment credit rating from Standard & Poor’s. The 7-Eleven is ideally located on…
Q4-2018 Quarterly Reports
At the close of 2018, the San Diego Industrial market rental rates again set an all-time high, while the vacancy rate increased over the previous quarter with a significant amount of new construction coming on line. Read More… The San Diego Office market ended the fourth quarter 2018 with a vacancy rate of 9.7%. The vacancy rate was up over the previous quarter, with net absorption totaling positive 133,074 square feet in the fourth quarter. Read…
Lee & Associates – North San Diego County Completes Sale of 3.87 Acres in San Marcos, CA
San Marcos, CA – January 23, 2019 – Lee & Associates – North San Diego County has completed the sale of 3.87 acres located on the West side of Woodward Street near the connection with Vineyard Road and is positioned less than 1 mile north of Highway 78. The site is zoned for up to 77 residential units although it sits in a wetlands area with sensitive biology. Matt Weaver and Al Apuzzo of Lee…
Lee & Associates – North San Diego County Completes Lease Of Industrial Building in San Diego, CA
San Diego, CA – December 4, 2018 – Lee & Associates, one of the largest national commercial real estate firms, has completed a lease for 6006 Miramar Rd in San Diego, CA. The lease term was negotiated for ten years with the consideration of over $6M. The building features 19,338 SF with showroom, office, parts storage, service area, and 17 service bays. The property is a 3.83 acre parcel situated on a signalized corner. Alex…
Lee & Associates – North San Diego County Completes the Combined Sale of Two Office Suites in Oceanside, CA
Oceanside, CA – January 2, 2019 – Lee & Associates, one of the largest national commercial real estate firms, has completed the $860,000.00 combined sale of two office suites located at 301 Mission Ave in Oceanside, CA. The office suites are part of the Oceanside Terraces. This beautiful multi-use complex featuring on-site conference room, gym facilities with shower, use of natural stone and granite finishes and secured parking. Suite 207 consisting of 1,569 SF in…